Ilham Aliyev received delegation led by Minister of Investment of Kingdom of Saudi Arabia

Azerbaijan, December 18 – The President of the Republic of Azerbaijan Ilham Aliyev received a delegation led by the Minister of Investment of the Kingdom of Saudi Arabia, who is co-chair of the Intergovernmental Joint Committee between the Republic of Azerbaijan and the Kingdom of Saudi Arabia. Bin Abdulaziz Alfarif.

Noting that the relationship between the Republic of Azerbaijan and the Kingdom of Saudi Arabia is at a high level, both sides stressed that as a result of the efforts of the President of Azerbaijan, the King of Saudi Arabia and the Crown Prince of the Kingdom of Saudi Arabia: Saudi Arabia, bilateral relations have further strengthened.

Recalling his previous meeting with Khalid bin Abdulaziz Al-Farih, the Head of State expressed confidence that the meeting of the Intergovernmental Joint Committee between the Republic of Azerbaijan and the Kingdom of Saudi Arabia would be successful. President Ilham Aliyev said the agenda for bilateral cooperation is expanding and stressed the importance of the Azerbaijan-Saudi Arabia Business Forum to be held tomorrow.

The heads of state said that the high-level relations between the two countries in the political field have created a sound foundation for the development of bilateral relations, and both sides expressed mutual interest in business cooperation, including expanding relations in the investment field. said that energy. In this regard, President Ilham Aliyev described the wind farm construction project in Azerbaijan by his ACWA Power Company of the Kingdom of Saudi Arabia as a valuable example of cooperation. President Ilham Aliyev pointed out that Azerbaijan has great potential to develop alternative energy, especially wind energy.

The President of Azerbaijan welcomed the planned visit of the Kingdom of Saudi Arabia’s delegation to the liberated territories of the country, their interest in the reconstruction work carried out there and the desire of the Kingdom of Saudi Arabia’s business community to invest. in Azerbaijan.

Khalid Bin Abdulaziz Al-Falih said he was honored to meet with President Ilham Aliyev and thanked the President of Azerbaijan for his instructions and recommendations to increase cooperation.

Khalid Bin Abdulaziz Al-Falih greets King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud of Saudi Arabia, guardians of the Two Holy Mosques, and the country’s recent head of state.

President Ilham Aliyev thanked them for their greetings and congratulations and asked the ministers to greet the King and Crown Prince of Saudi Arabia.
Khalid Bin Abdulaziz Al-Falih thanked Azerbaijan for its cooperation within the OPEC+ framework and for its support in hosting numerous international events in Saudi Arabia. He said his country has always supported Azerbaijan’s legitimate position to liberate its territory from occupation.

Khalid Bin Abdulaziz Al-Falih emphasized that the large-scale restoration and reconstruction work carried out in the liberated territories of Azerbaijan continues with great joy in the Kingdom of Saudi Arabia. Pointing out that Saudi Arabia is Azerbaijan’s trusted partner, he said: The Minister expressed hope that this would bring prosperity to the region.

Khalid Bin Abdulaziz Al-Falih noted the importance of marking the 30th anniversary of diplomatic relations between the two countries.

The Saudi Arabian minister touched on the importance of projects implemented by Azerbaijan in the area of ​​European Union energy security, including the agreement signed in Romania yesterday.

During the dialogue, they stressed the importance of further strengthening economic cooperation and discussed the participation of Saudi Arabian companies in renewable energy power generation projects in Azerbaijan. It was noted that the Kingdom of Saudi Arabia is interested in investing not only in agriculture and other sectors, but also in new projects in this direction.

Both sides exchanged views on the financing of projects in Azerbaijan by the Saudi Development Fund and the Public Investment Fund.

A photo was then taken.

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